Middle East

The IMF is looking at crossborder payments using CBDC (World Bank/Flickr)
IMF Says CBDCs Could Boost Middle East's Financial Inclusion, Payment Efficiency
The survey said that the 19 central banks in the region are exploring issuing a CBDC and the countries are mainly focused on how CBDCs can enhance financial inclusion and paym...
The IMF is looking at crossborder payments using CBDC (World Bank/Flickr)

Bahrain (Ajmal Shams/Unsplash)
Digital Asset Platform With Ex-Goldman Partner as Co-Founder Gets Bahrain Crypto License
ARP Digital says it's the "first and only central bank-licensed OTC service provider specialized in digital-asset structured products."
Bahrain (Ajmal Shams/Unsplash)

Crypto Outlook as Market Braces for Spread of Israeli-Hamas War
Crypto Outlook as Market Braces for Spread of Israeli-Hamas War
Ongoing tensions in the Middle East could spill over to the crypto markets and cause a short-term decline in riskier assets such as bitcoin (BTC). This comes as crypto traders...
Crypto Outlook as Market Braces for Spread of Israeli-Hamas War

(Danny Nelson/CoinDesk)
Binance to Withdraw Debit Card in Latin America, Middle East
The cryptocurrency exchange said the card service will terminate in the Middle East on Aug. 25 and in Latin America on Sept. 21.
(Danny Nelson/CoinDesk)

Skyscrapers in Dubai (Kent Tupas/Unsplash)
Crypto Exchange Bitget Opens Dubai Office, Plans Middle East Expansion
The crypto trading platform plans to hire up to 60 new members of staff in the region.
Skyscrapers in Dubai (Kent Tupas/Unsplash)

(Shutterstock)
Num Finance Raises $1.5M, Will Expand Stablecoins in Latin America, Middle East
Decentralized finance protocol Num Finance will offer stablecoins in Brazilian real, Colombian peso, Mexican peso and Bahrain dinar within the next month.
(Shutterstock)

Crypto exchange Bybit has opened its global headquarters in Dubai. (Kent Tupas/Unsplash)
Crypto Exchange Bybit Opens Global Headquarters in Dubai
The city recently unveiled its licensing requirements for crypto entities.
Crypto exchange Bybit has opened its global headquarters in Dubai. (Kent Tupas/Unsplash)

Changpeng Zhao, CEO of Binance, at Consensus Singapore 2018 (CoinDesk)
Binance CEO Seeking Funds From Middle East Investors for Crypto Recovery Fund: Bloomberg
Binance plans to start a recovery fund to help projects with strong fundamentals, but suffering from a liquidity crisis.
Changpeng Zhao, CEO of Binance, at Consensus Singapore 2018 (CoinDesk)

Skyscrapers in Dubai (Kent Tupas/Unsplash)
Crypto Investment Product Firm 21Shares Launches Bitcoin ETP in Middle East
21Shares’ physical bitcoin exchange-traded product will list on the Nasdaq Dubai.
Skyscrapers in Dubai (Kent Tupas/Unsplash)